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1960s and 1970s: During the early 1960s, Italy continues to enjoy the postwar era ‘‘economic miracle’’ of unprecedented growth and prosperity. By the mid-1960s, however, the Italian economy suffers a downturn. With the economy in decline, Italy, during the 1970s, is in the throes of political instability. The years 1969–1982 are characterized by acts of domestic terrorism.

1980s and 1990s: By the mid-1980s, economic conditions in the north of Italy have greatly improved, whereas in the south the economy is still weak. Mafia business practices and clandestine...

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